Capital and Credit Watch

SMALL BUSINESS INSIDER OPINION By Karen Kerrigan – If there is one thing that the COVID-19 pandemic has taught us about American small businesses, it’s that they are resilient. Small- and medium-sized businesses (SMBs) have fought tooth and nail to overcome the devastating financial impact of pandemic lockdowns and restrictions. They’ve adapted to new consumer […]

Higher Capital Gains Taxes, Retroactive Increases at Death Most Harmful For Immediate Release Washington, D.C. – A new report released by the Small Business & Entrepreneurship Council (SBE Council) today ranks select tax increases proposed by the Biden Administration from least economically harmful to most economically harmful, and finds those targeting capital income would inflict […]

NEWS For Immediate Release Washington, D.C. – Today, the U.S. Small Business Administration (SBA) announced it is increasing the maximum amount that small businesses and non-profit organizations can borrow through the COVID-19 Economic Injury Disaster Loan (EIDL) program from $150,000 to $500,000.  The Small Business & Entrepreneurship Council (SBE Council) has long advocated for lifting […]

  In an Entrepreneur Magazine Op-ed, SBE Council president & CEO Karen Kerrigan and GUSTO CEO Lexi Reese detail how Congress and the SBA can get PPP dollars to the small businesses that need it the most. In the piece, they review how the program has improved since it first launched, along with needed changes […]

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(Watch a full recording of the February 4 hearing here) State of the Small Business Economy in the Era of COVID-19 February 4, 2021   Testimony of Karen Kerrigan President & CEO Small Business & Entrepreneurship Council   Before the Small Business Committee United States House of Representatives   The Honorable Nydia Velazquez, Chairwoman The […]

NEWS For Immediate Release Washington, D.C. – The nation’s leading advocate for entrepreneurs and small businesses praised negotiators for their work on a COVID-19 relief package that meets the need of struggling small businesses. Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan said various measures will help small businesses and many […]

SBE Council’s Kerrigan Perplexed at Efforts to Impose Big and Unexpected Tax Hike on Struggling Small Businesses For Immediate Release Washington, D.C. – As Congress hashes out the remaining details of the “Emergency Coronavirus Relief Act of 2020,” a national small business advocate is imploring negotiators to leave intact a critical provision for small to […]

“Congress must act now to salvage what remains of our small business economy.” For Immediate Release Washington, D.C. – Small Business & Entrepreneurship Council (SBE Council) president and CEO Karen Kerrigan issued the following statement in response to a bipartisan bill unveiled yesterday that will provide desperately needed capital to small businesses, and make improvements […]

Dear Speaker Pelosi and Leaders McConnell, Schumer, and McCarthy: We write to urge Congress to take immediate action to provide emergency relief to American small businesses. As economic and public health conditions continue to worsen, business owners are reporting declining revenues and an increasing need for support in order to survive the coming months. Small […]